Template:Nutshell GMSLA 12.2

12.2 if the paying Party is required to deduct Tax, it must:

(a) promptly notify the Recipient;

(b) pay the full Tax amount required to the relevant authority;

(c) provide the Recipient with evidence of such payment to such authorities; and

(d) other than for manufactured payments in respect of Non-Cash Collateral, gross up the payment so the Recipient receives what it would have received had the deduction not been required; provided Payer need not gross up any amount if it would not have had to deduct had Recipient provided information required under paragraph 12.3.